Microsoft and AMD will create a joint processor with artificial intelligence
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The companies have teamed up to compete with GPU maker Nvidia, which dominates the AI-enabled chip market. Wherein Microsoft will continue to partner with Nvidia to have more AI processors at its disposal and meet the growing demand for neural networks.
Agency sources added that Microsoft support AMD with engineering resources. Microsoft’s own processor was codenamed Athena.
Representative Microsoft Frank Shaw denied AMD’s involvement with Athena: “AMD is a great partner, but they are not affiliated with Athena.” AMD representatives declined to comment.
Several hundred Microsoft employees are working on the new AI-enabled processor. The company has invested about $2 billion in development.
Following the news of the partnership between Microsoft and AMD shares of the first rose by 1% and reached $305.4 per share, the second – by 6.11%, to $86.6. Nvidia shares fell 1.9%.
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